Company registration number N1612678 INorthem Ireland} Charity nLFmber 100498 NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED COMPANY INFORMATION Directors MrT Penman Ms E Bell Rev C McAfee Mrs D Pierce Rev S Robinson Company numb•r N1612678 Charlty number 100498 Register8d offic8 218 York Street Belfast Co Antrim BT15 1GY A¢¢ourttants Neeson Chambers Limited 123-125 Main Street Bangor Co. Down BT20 4AE NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED CONTENTS Page Dlrectors, report Ac¢ountsnts' report Independent Exgminees report Inwme and Expendlture account Balance Sheet Notes to the financial statements Detsiled Income and Expendituie account Appandix 1 NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED DIRECTORS, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The directors presgnt their annual report and financial statements lor Ihe year ended 30 September 2025. Diractt)rs The directors who held office during the year and up to lh8 dat8 of signature of the financial statements were as follows.. MrT Penman Mrs N McFadan8 Ms E Bell Rev C McAfee Mfs D Pierce Rev S Robinson (Resigned 9 October 20251 Dirgctors. Rasponslbllltl•s The directors are responsible for preparing the annual rep￿( and Ihg financial stat8m8nts In accordance with applicable law and ￿gUlationS. Small companSes exemption This report has b8en prepared in ac¢oTdaneè with the provisions applicable to companies entitled lo the small companies exemption. On behalf of the board Mr T Penman Director Datè: ...... NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED CHARTERED ACCOUNTANTS. REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NAZARENE COMPASSIONATE MINISTRIES {NI) LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2025 In order lo a55isI you to fulfil your duties undor the Companies Act 2006, we have prepared for your approval the financial statements of Nazarene Compassionate Ministriès INI) Limited lor the year ended 30 September 2025 which comprise the profit and loss account, the balance sheet and thè rèlated notès from the company's accounting records and from information and explanalions you have given us. Our work has been undertaken Sole￿ to prepare for your approval the financial stslements of Nazarene Compassionate Ministries INI) Limiled and statè those matters that we have agreed to state to the Board of Directors of Nazarene Compassionate Ministries INI) Limlted. as a body, in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or a55Utll6 reSpon￿bIlitY to anyone other Ihan Nazarene Compassionate Ministries INI) Limited and its Board of Directors as a body, for our work or for Ihis report. You have acknowledged on ihe balance sheet for the year ended 30 Seplefflber 2025 your duty to ènsura that the company has kep( proper accounting records and lo p￿pare financial stslemenls that give a true and fair view undor the Companies Act 2006. You conslder that the company is exempl frorn the statutory requirement for an audit for the year. S¢opè ol work We have carried out this engagement in accordance with guidance issued by the In$￿t￿le ol Chartered Accountants In Ireland and have cornplied with the relevant ethical guidance laid down by the Institute relats.ng to members undertaking the ccmpilation of financial statements. We have not b99n instructed to i*rry out an audit of the finanaal statements of Nazarene Compassionate Ministries INI) Limited. For this reason, wfy have not verified Ihe accuracy or corn ￿elenesS of the accounting records or information and explanations you have given to us and we do not. therefore. express any opinion on the financial statements. Neeson Chambers Limited Chartered Accountants 123-12S Main Street Bangor Co. Down BT20 4AE Date: NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED INDEPENDENT EXAMINERS REPORT I report on Ihe accounts of Nazarene Commissionale Ministries IN.I.l Limited for the year ènd8d 30 S9Ptember 2025. Respeetlvè rtsponslllbltles of charlty trustess and examlner As the charit￿s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northgin Ireland) 2008. 11 is my responsibility lo.. examine the 8¢counls under section 65 of the Charit18s Act follow the procedures18id down in the general DSreetlons glven by the Commission under section 6519llbl of the Charilies A state whether particular m8tt9rs hav8 comè trj my attèntion. Basis of indgpendent gxaminerf$ rep￿¢ I have examined your charity accounts as required under section 65 of the Charrties Act and my exarnination was earrled out in accordancce with the general directions given by the Chairty Commission lor Northern Ireland under sectitsn 651gllbl of thè Charitiès Act. My examination included a review of the accounting re¢ords kept by the charlty and a comparislon of ihe accounts presented with those records. 11 also inlcijded consideration of any unusal 5lems or disclosures in the accounts, and seeking explanations frorn you as charity Irustes8 Concerning any such matters. My role is to state whether any material matters have come to my attention giveing me causè to belleve.. 1. That arxounting records were not kept in accordance wth s8Ction 63 of the Charities Act. 2. That the accounts do not #ceord Ihosa acctsunting rècotds. 3. Thal the accounts do not comply wlth the accounting requirements ol the Charities Act. 4. That there is further information needed for a proper understanding of the ac(x)unts to be reached. Independent èxaminer's stat•mÈnt I have completed my examination and hove no concem5 in respect of matte[$111 to141 listed above and, in connection wittri following the directions of the Charity commission for Northem IrEiand. I have found no matters thal require drawing to your attention other than the matter relerr8d to in not8 4 of the accounts. Mr Mi¢hael Chambers FCA Neeson Chambers Ltd 123.125 Main Street Bangor Co Down BT20 4AE Date= 2£ NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 202S 2024 Tumover Administrative expenses 54.621 157,9941 49,822 153,6991 Operating deficit 13.3731 13,8771 Inttrest receivable and similar income 227 270 Oeficit for the year 13.1461 13,6071 The profit and loss account has been prepared on the basis that all operations are continuing operathons. NAZARENE COMPASSIONATE MINISTRIES {NI) LIMITED BALANCE SHEET AS AT 30 SEPTEMBER 2025 202S 2024 Notes Fixed assets Tangible assots 1,401,340 1,401.387 Current assets Debtors Cash at bank and in hand 2,356 25,666 1,483 29,625 28,022 31.108 Crèditors: amounts falllng dua wlthln one year 12221 12091 Nèt currant assets 27.800 30,899 Net assets 1.429.140 1.432,286 Capltal and reserves Called up share ￿pital other Igservès Profit and loss reserves 805,920 623.220 805,920 626,366 Total equity 1.429,140 1,432.286 For the financial year ended 30 September 2025 the company was entiued to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. Thg mgfflbars hava not required the company lo obtain an audit of ils financial statement5 foT the year in question in accordance with section 476. The directors acknowledge their responsibilities for complwng with the requirernents of the Compani85 Ad 2006 wlth respect to accounting records and the preparatlon of financlal statements. These finarhcial statements have been prepared in accordanTr wlh the provisions appll¢able to companies subject to the small companies regime. The financial statements were approved by the board of directors and authorised lor issue on a￿ slgned on its behalf by.. ..8.1 L l.£.(¢ and Mr T Penman Direetor Company re9lStralion number N1612678 (Northern Ireland) NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies Company inforniatign Nazarene Compassionat8 Ministries INI) Limitèd is a piivate company limited by guarantee incorporated in Northem Ireland. The registered office is 218 York Street, Belfast, Co Antrim. BT15 1GY. 1.1 Accountlng conventlon These financial statements have been prepared in accordance wllh FRS 102 °The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102.1 and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies ￿gIMe. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required lo sh¢)w 8 true and fai¥ view. Thè financial statemants are pièpared in stèiling. whlch is thè functional currency of the company. Monatary an￿UnIS in these financial ststernents are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. Imodified lo include the revaluation of freehold properties and to inclLJde investtnent properties and certain financial instruments at fair V81ug1. The principal accounting tK)li¢ie$ adopted are set out below. 12 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and othtrr $81gs r$l¥led taxes. The fair value of consideration lakes into arLo(Jnl trade discounts. $ettl8m8nt discounts and volume rebates. 1.3 Tangible fixed as$ets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation and any impaim8nt lossès. Depreclation is rècognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Leasehold land and buildings Fixtures and fittings 25.10 reducing balanc8 The gain or loss arising on the disposal of an asset is determined as the difference betw8gn the sale proceeds and the carrying value of the assel, and is credited or charged lo profit or loss. 1.4 Impairment of fixed assets At each reporting period end date. the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have svffered an impairment loss. If any such indication exists, the recoverable amount of the asset is eslirllaled in order lo delerTnine the exlenl of the impairment loss {if any). Where il is not possible lo estimate the recoverable amount of an individu81 asset. the company estimates the recoverable amount of the cash-generating unil to which the asset belongs. 1.5 Cash and cash equivalents Cash and cash equivalents are basic financial assets and indude cash in hand. deposits held at call with banks. other short-terrn liquid investments with origin5J.' maturities of three months or le$s, and bank overdTafts. Bank overdrafts are shown within borrowings in current liabilities. NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollcles ICorrtlnued} 1.6 Financial instrnments The company has elected lo apply the provisions of Section 11 'Basic Financlal Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial irislruments. Financial instrurnents are recognis8d in the companls balance sheet when the company becomes p8ty 10 the contractual provisions of the instrument. Fin8ncTal assets and liabilitiès are offset. with the net amounts presented in the financial staternents. when there is 8 legally enforceable right to set off the recognised amounts and there is an intention 10 settle on a nel basis or to realise the asset and settle the liability simultaneously. Baslc flnanelalassets Basic financial assets. which include debtors and cash and bank balances, are Inll8lly measured at transaction price including transaciion costs and are subsequently carried al amortised cost using the effadva interest method unless th8 arrangement constitutes a financing Iransaclion, where the transaction is measured at the present value of the future re¢elpts discounted at a markel rdte of interest. Financial assets classified as re￿1vable within one year are not amotbsed. Classlflcètlon of flnanclal Ilabllltles Financial liabilities and equity instruments are classified a¢¢ordlng tr) the substance of the contractual arrangements entered into. An equity instrument is any wntract that evidènces a r¢sl¢Jual Interest in the asset5 01 the cornpany after deducting all of its liabilities. 8asic financial liabilities Basic Ilnancial liabilities. includin9 creditors, bank loans, loans from f8lk>w group companies and preference shales that ale classified as debt. are initially recognised al transaction pri￿ unless the arrangement constitutes a finaneing transaetion, where the debt instrument is measured at the Present value of the futu18 payments diswunt8d at a tnarket rate ol interest. Financial liabilities classified as payable within one y8ar are not amortised. Debt instruments are subsequently carried at arnortised cosl. using the effeclive interest rale methc*J. Trade creditors are obligations to pay for goods or seryi¢es that have b8en acquired in the ordinary course of uusiness from suppliers. Amounts payable are classified as currenL liabilities rf payment is due wthin one year or less. If not, they are presented as non-current liabilities. Trade creditors ar¢ recognised initially at transaction pricè and subsequently measured at amorlised cost using the effectwe interest method. 1.7 Employee benefits The costs of short-t6m trmployee benefits are recognlsed as a liabilily and an expense, unless those costs are required lo be recognised as part ol the cost of stock Of fLxed assets. Employees The average monthly number of persons (including directors) employed by thts company during the year was.. 2025 Number 2024 Number NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Employee$ Icontinuedl Their aggregate remun8ration wmprised.. 202S 2024 Wages and salarfes 22,460 22,557 Tangible fixed assots Land and Plant and buildings machinery etc Total Cost At 1 October 2024 Additions 1.400.000 10,154 1.410.154 400 400 At 30 September 2025 1.400,000 10,S54 1.410,554 Depreciation and impairment Al 1 October 2024 Dèprèciation charged in the year 8,767 447 8.767 447 At 30 September 2025 9.214 9,214 Carrying amount AI 30 September 2025 1.400.000 1,340 1,401.340 AI 30 Septgmber 2024 1,400.000 1,387 1.401,387 Dèbtots 2025 2024 Amounts falllng due within one year. Trade debtors Prepaymants 648 1,708 56 1.427 2,356 1,483 Creditors: amounts falllng due within one year 2025 2024 Other creditors 222 209 NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Company Ilmlted by guarantee The company is limited by guarantee and ha5 no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up. such an amount as may be required not exceeding £1. Appendix 1 NAZARENE COMPASSIONATE MINISTRIES (NI) LIMITED DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Tumover Rent 54,621 49,822 Adminlstrativ• •xpenses Wages and salariès Staff training Ratès Security costs Cleaning Power, light and heat Propety repairs and maintènance P￿MISeS insurance Equlpmenl repairs and maintenancg Professional sub￿riptIOnS Accountancy Printing and stationery Telecommunications Sundry expenses D8preciation 22,460 132 564 437 1,864 16,134 3,562 3,084 6,727 22.557 549 404 966 14.586 4,174 2,606 3,682 fjo 720 241 1,865 826 463 720 247 1,440 186 447 157,9941 153,6991 Operating deficit 13.3731 13.8771 Interest re¢elvable and similar Income Bank interest received 227 270 227 270 Defjeit for the year 5.76% {3.1461 7.24% {3.6071